The lamentable state of American political parties has become common sport amongst the chattering classes in DC and beyond, although one wonders whether this dysfunction has really been such a bad thing when considering how united bipartisan “responsible” action always seems to result in yet more budget cuts. By virtue of the fact that Congress [...] View the full post at: In Praise of Political Dysfunction Related posts: Stimulus Lifts Government Transfers Political Payoffs Run Wild A Grim Budget Outlook